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Cazoo: Mubadala's worst recent tech investment
Welcome to Skim, a series by Termsheet that publishes concise one-minute reads that cover the latest tech data and news from emerging markets. Cazoo…
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Zubair N. Paracha
E&'s big bold bet on tech
Good morning, Termsheet now has over 5,000 subscribers, which I had set as a milestone before turning on subscriptions. I am not yet ready to do that…
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Zubair N. Paracha
2
Swvl's terrible unit economics
Good afternoon, Swvl’s market cap as of December 23rd is less than $15 million. This is what a lot of pre-seed stage startups in the region raised money…
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Zubair N. Paracha
2
Anghami's slow growth
Good afternoon, This is the fifth issue of Termsheet since I resumed writing last month and I think it’s time I experiment with the format. Thanks for…
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Zubair N. Paracha
Saudi's growing influence
Good afternoon, Last month, LinkedIn unveiled top startups across different markets in the world; UAE, Saudi, and Egypt in the region. All these three…
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Zubair N. Paracha
Careem is losing its grip on its core business
Good afternoon, The closest I have come to buying an iPhone was when the FOMO of not being on Clubhouse (almost) got to me. I am glad that I still…
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Zubair N. Paracha
Swvl has lost over $200 million in 3 years
Good afternoon, A few weeks ago a founder I’ve known for quite some time asked me if they should raise more money. My immediate response without even…
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Zubair N. Paracha
4
Capiter and the shitshow
Good afternoon, About two years ago, a founder reached out saying that they had raised a new round and would like MENAbytes to break the story. I asked…
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Zubair N. Paracha
5
Jahez's phenomenal growth
Good afternoon, Welcome to the third Termsheet. I’ve missed writing. It has been almost two years since I wrote the last Termsheet. When I started this…
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Zubair N. Paracha
Termsheet
Termsheet
Commentary on startups and venture capital in emerging markets.
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